Credit Suisse lowered the firm’s price target on Vail Resorts to $333 from $380 and keeps an Outperform rating on the shares. Vail’s Q2 results were impacted by weather in all parts of its portfolio, and while the firm doesn’t think there are lasting impacts from Colorado/Tahoe weather, East Coast likely has some tail impact, which Vail will work to offset through advanced commitment, the analyst tells investors in a research note.
Published first on TheFly
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